Question: The correlation coefficient between a security and the market portfolio is 0.7. The standard deviation of the security is 30% while the market portfolio has

The correlation coefficient between a security and the market portfolio is 0.7. The standard deviation of the security is 30% while the market portfolio has a standard deviation of 15 %. The beta of the security is closest to: a) 2.0 b) 1.4 c) 0.315 d) 0.21

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